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ICG ENTERPRISE TRUST Q1 Update For the period to 30 April 2021 21 June 2021 Highest ever quarter of Realisation Proceeds ; twelve Full Exits executed at 42 % Uplift to Carrying Value Highlights NAV per Share of 1,402p , NAV per Share Total Return during the quarter of 1.6 % ¹ Portfolio Return on a Local Currency Basis during the quarter of 3.4 % ¹ ( Sterling return : 2.2 % ) Record Realisation Proceeds of £ 100m in the quarter , representing approximately 70 % of the average annual Realisation Proceeds for the last five years Twelve Full Exits generated 42 % ¹ uplift to Carrying Value and 3.9x¹ Multiple to Cost £ 32m of investments made during the period , 63 % into High Conviction Investments including two Direct Investments Substantial pipeline of further investment opportunities with a number expected to close in the coming months , anticipating a very strong year for High Conviction Investments Recent realisation activity has resulted in expanded capacity to execute on investment opportunities . Available liquidity of £ 290m , comprising £ 116m of cash and £ 174m undrawn revolving credit facility First quarter dividend of 6p per share for the quarter ended 30 April 2021 , an increase of 1p compared to the quarter ended 30 April 2020. In the absence of any unforeseen circumstances it is the Board's current intention to declare total dividends of at least 27p per share for the financial year ended 31 January 2022 , an increase of 3p ( 12.5 % ) per share compared to the financial year ended 31 January 2021 Comparison to prior periods Performance to 30 April 2021 NAV per Share Total Return Share Price Total Return FTSE All - Share Index Total Return 1 ¹ Alternative Performance Measure 3 months + 1.6 % + 12.8 % + 10.6 % 1 year + 29.8 % + 51.4 % + 25.9 % 3 years + 53.1 % + 37.0 % + 7.7 % 10 years + 199.9 % + 129.0 % + 265.9 % + 39.9 % + 81.0 % 5 years + 108.7 % 1